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Forex Analytics News

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USD/SEK Analysis

The downward trend continues. Despite the fact that the dollar managed to strengthen against major currencies, investors consider the dollar as an unstable and risky asset. The dollar remains under pressure because of fears of the growing budget deficit, which according to the draft budget will...

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EUR/USD Technical Analysis & Daily Chart

Today we would take a look at the EUR/USD currency pair. Since the end of January the pair formed two tops around 1.2497 - once on February 1 and again on February 15. Both tops were followed by decreases to around 1.2304.

Recently the dollar was able to make ahead against most...

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AUD/USD Technical Analysis

Yesterday the minutes of the Fed meeting held on January 30-31 were published. The data released strengthened the outlook for an imminent increase in the interest rate and helped strengthen the dollar. Thus, the dollar index rose above the level of...

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Oil (CL/WTI): Review & Forecast for the Near Future

Oil is above $60 per barrel, after two weeks of the price falling to $58.5. The uptrend was under threat of completion, but Saudi Arabia quickly reacted on the decreasing and decided to reduce the volume of oil extraction by 100,000 barrels per day, and as of March to sell no more than 7 million...

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GBP/USD Technical Analysis

Today the GBP/USD index from Investing was released and amounted to 46.1%. It indicates bearish expectations for the pair.  Yesterday the US stock exchanges were not active due to the celebration of the President's Day holiday and our pair moved...

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